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Automatically translated version. May contain inaccuracies compared to the original.
Only in the cases of Motor Sich, Sense Bank, and VEB.RF are claims exceeding $3 billion. This is written by former editor of the Economic Truth Serhiy Lyamets.
The possible losses, he believes, are due to miscalculations by officials who prepared the sanctions decisions, in particular the presidential envoy on sanctions policy Vladyslav Vlasuk and former deputy head of the Office of the President Iryna Mudroha.
According to ICLG, as of November 2025, Ukraine faced 47 investment disputes, in nine of which a ruling was not in its favor.
1 in May 2026, the ICSID tribunal ordered Ukraine to pay $71 million plus interest for the expropriation of shares of Zaporizhzhia Aluminum Plant, which was controlled by Oleg Deripaska's Rusal. The seizure was accompanied by Ukrainian sanctions that the tribunal found to be weakly reasoned.
“The war in ICSID's eyes did not become a dominant factor,” Lyamets writes. According to him, the arbitral tribunal evaluates not the decisions of the State Bureau of Investigation (VAKS) or the law 'On Sanctions,' but compliance with investment protection treaties.
Document: PDF proof of the original version of the news item "Санкційна політика Власюка та Мудрої може коштувати Україні мільярди доларів — експерт". It records the publication content at the moment of the first scan, the preservation date and the source: Aktsenty.
